Outstanding portfolio (PKR) | PKR 1,588,972,116 |
Portfolio (USD) | USD 16,214,001.18 |
Active Clients with Loans | 63,528 |
Approximate % Female Clients | 0% - 20% |
Approximate % Urban Clients | 0 |
Individual | |
Solidarity group | x |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | |
Mortgage/housing | |
Consumer loan | |
Agriculture | x |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | |
Group meetings | x |
Credit insurance | x |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services |
Men | x |
Women | x |
Must run a business | |
Must own a home or land | |
Must be a salaried worker | |
Must be specific age group | |
Other | Has owned or contracted cultivation land and has experience of cultivation |
Other (2) |
# Regions for this institution | 6 |
# Regions for this product | 6 |
Regions Active | Azad Kashmir, Balochistan, Gilgit-Baltistan, Khyber Pakhtunkwa, Punjab, Sindh |
Currency | PKR |
Minimum loan size | PKR 10,000 |
Maximum loan size | 150,000 |
Loans less than PKR 10,000 | 0 |
PKR 10,000-25,000 | 60% |
PKR 25,000-50,000 | 30% |
PKR 50,000-75,000 | 5% |
PKR 75,000-150,000 | 5% |
Greater than PKR 150,000 | 5% |
Shortest loan term | 3.0 months |
Longest loan term | 14.0 months |
Approx average | 12.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 20% |
Between 7 and 9 months | 50% |
Between 10 and 12 months | 10% |
Between 13 and 18 months | 20% |
Longer than 18 months | 0 |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | x |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | x |
Irregular payments |
Lowest quoted nominal interest | 26.00% |
Highest quoted nominal interest | 38.40% |
Reason(s) why interest rate varies | Branch, Loan repayment type (Bullet and Installment) |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Loan Processing Fee |
% of loan amount - min | 0 |
% of loan amount - max | 0 |
OR, Fixed amount - min | 230 |
Fixed amount - max | 980 |
Reason for variation | The Fee structure in GBC is based on slabs, whereas in other parts of the country it is fixed as PKR 696/- Insurance fee is part of the processing fee |
Appears on Repayment Sched? | Yes |
Required for | Never |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | N/A |
Do borrowers control deposit in their group? | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
Conditions on access to deposit | N/A |
Minimum interest rate paid | N/A |
Maximum interest rate paid | N/A |
Interest payment frequency | N/A |
Are taxes charged on this product? | Yes |
Percentage of fees | 16% |
All or some fees taxed | Some |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | ||||
---|---|---|---|---|---|---|---|
Loan Amount | PKR 10,000 | PKR 30,000 | PKR 50,000 | PKR 100,000 | |||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | |||
Disbursement Date | 2013-03-21 | 2013-03-21 | 2013-03-21 | 2013-06-29 | |||
Loan Term (Months) | 8.0 months | 8.0 months | 8.0 months | 10.0 months | |||
Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | 0.0 months | |||
Total Cost of Credit | PKR 2,075 | PKR 5,766 | PKR 9,257 | PKR 27,348 | |||
True Price by Comp | |||||||
Interest price component | 27.1% | 27.1% | 27.1% | 32.8% | |||
Fee Component | 6.5% | 3.4% | 2.0% | 1.0% | |||
Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
Tax Component | 0.0% | 0.0% | 0.0% | 0.1% | |||
Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
Full APR (int fee ins tax dep) | 33.6% | 30.5% | 29.1% | 33.9% | |||
Transparency Index | N/A | N/A | N/A | N/A | |||
Original Repayment Schedule | |||||||
MFT Pricing Calculation |
Institution Type | Non-Governmental Organization |
Is this institution regulated? | No |
Website address | http://www.espoir.org.ec/ |
Year established | 2002 |
Head of Institution | Dr. Guillero José Francisco Moreno Oleas |
Regions active | |
# Branches | 6 |
Total Portfolio (nat'l) | USD 21,264,263 |
Total Portfolio (USD) | USD 21,264,263 |
Active clients with loans | 56,896 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 40% - 60% |
Network affiliations | |
Funders |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Crédito de Banca Comunal | USD 350 - 1,800 | 4 - 6 | 80% - 100% | 40% - 60% | Business | Women, Men, Hombres solo si representan el 20% del total de miembros de grupo | Credit Educ, Group Mtgs, Business Training, Other Training | |||||||
Crédito Emergente | USD 100 - 500 | 2 - 6 | 80% - 100% | 40% - 60% | Business, Other | Women, Men, Have business | Credit Ins | |||||||
Crédito Empresarial | USD 1,000 - 8,000 | 12 - 36 | 60% - 80% | 40% - 60% | Business | Women, Men, Have business, Specific age group | ||||||||
Crédito Vivamos Mejor | USD 200 - 1,000 | 2 - 12 | 80% - 100% | 40% - 60% | Housing | Women, Men, Have business, Have home or land | ||||||||
Microcrédito Individual Minorista | USD 1,000 - 8,000 | 12 - 36 | 60% - 80% | 20% - 40% | Business, Education | Women, Men, Have business | Credit Ins |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Crédito de Banca Comunal | 24.3%-26.8% annual, Flat | 0 Fees | 0 Ins | None | 10.0% upfront | 24.7% - 27.6% | 30.1% - 34% | 73 | ||||||||
Crédito Emergente | 26.9% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 26.7% - 26.9% | 26.7% - 26.9% | 100 | ||||||||
Crédito Empresarial | 24.5% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 24.5% - 28.9% | 24.5% - 28.9% | 90 | ||||||||
Crédito Vivamos Mejor | 26.9% annual, Flat | 0 Fees | 0 Ins | None | N/A | 26.7% - 26.8% | 26.7% - 26.8% | 100 | ||||||||
Microcrédito Individual Minorista | 24.5%-26.9% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 26.9% - 28.9% | 26.9% - 28.9% | 88 |
Key Statistics | |
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Loan Portfolio (USD) | |
% Products using declining balance | |
% Products with one or more fee | |
% Products with one or more insurances | |
% Products with compulsory deposits |
Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
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